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we did not cut medicare. we did not have medicare, but we did not cut it by $700 billion. we did not put together a board telling people what treatments they can receive. we put people in a position -- we did not put people in a position where they would lose the insurance they have an wanted. the cbo says up to 20 million people will leave -- lose their insurance. a study said 30% of them are anticipating dropping people from coverage. for those reasons, for the tax, medicare, this board, and for people losing insurance, this is why the american people do not want obamacare. is why the republicans said do not do this. the republicans put out a bipartisan plan that was swept aside. i think something this big and important has to be done on a bipartisan basis. we have to have a president i can reach across the aisle with input from both parties. >> gov. romney says this has to be done on a bipartisan basis. this was a republican idea. gov. romney at the beginning of the debate said, what we did in massachusetts could be a model for the nation. i agree the democratic legisla
we did not cut medicare. we did not have medicare, but we did not cut it by $700 billion. we did not put together a board telling people what treatments they can receive. we put people in a position -- we did not put people in a position where they would lose the insurance they have an wanted. the cbo says up to 20 million people will leave -- lose their insurance. a study said 30% of them are anticipating dropping people from coverage. for those reasons, for the tax, medicare, this board, and...
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other than medicare. the governor has declined to endorse that idea even though the republican as well as democratic leaders in congress have endorsed it. i would be interested to see if he would say this evening he'll put medicare in a lockbox. i don't think he will because under his plan if you work out the numbers $100 billion comes out of medicare just for the wealthiest 1% in the tax cut. now here is the difference. some people who say the word reform actually mean cuts. under the governor's plan, if you kept the same fee for service that you have now under medicare, your premiums would go up by between 18% and 47%, and that is the study of the congressional plan that he's modeled his proposal on by the medicare actuaries. let me give you one quick example. there is a man here tonight named george mckinney from milwaukee. he's 70 years old, has high blood pressure, his wife has heart trouble. they have an income of $25,000 a year. they can't pay for their prescription drugs and so they're some of the
other than medicare. the governor has declined to endorse that idea even though the republican as well as democratic leaders in congress have endorsed it. i would be interested to see if he would say this evening he'll put medicare in a lockbox. i don't think he will because under his plan if you work out the numbers $100 billion comes out of medicare just for the wealthiest 1% in the tax cut. now here is the difference. some people who say the word reform actually mean cuts. under the...
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the big hero of medicare. i don't understand that. >> claire mccaskill, he raised the issue of you wants to take $700 billion out of medicare. >> first, no one is saying private lenders can't lend to students. they can do that now. they just didn't want to do unless the federal government was backing them up and making a cut. all we did say take out the middle man who'saking a cut with no risk. i would thing congressman akin appreciate that. none is keeping banks from loaning to students. secondly on the medicare cuts, this is the biggest swapper of this campaign season. it is unbelievable to me that congressman akin will vote time and time again for same medicare savings. he knows that the ryan budget took that same saving, you know what they did with the saving, they gave another tax cut to kim kardashian, they gave another tax cut to lebron james, instead of what we need to do with the money, that is strengthening the medicare program. >> we must move on to the next questions here. the next questio goes to
the big hero of medicare. i don't understand that. >> claire mccaskill, he raised the issue of you wants to take $700 billion out of medicare. >> first, no one is saying private lenders can't lend to students. they can do that now. they just didn't want to do unless the federal government was backing them up and making a cut. all we did say take out the middle man who'saking a cut with no risk. i would thing congressman akin appreciate that. none is keeping banks from loaning to...
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i will put medicare and social security in a lockbox and protect them. and i will cut taxes for middle- class families. i believe it's important to
i will put medicare and social security in a lockbox and protect them. and i will cut taxes for middle- class families. i believe it's important to
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that's social security and medicare. the second fact is that the housing unit for senior citizens that the president dedicated in buffalo was only made possible through a federal assistance program for senior citizens that the president's budget sought to terminate. so, if he'd had his way, there wouldn't have been any housing project there at all. this administration has taken a meat cleaver out, in terms of federal-assisted housing, and the record is there. we have to see the facts before we can draw conclusions. >> mr. president? >> well, let me just respond with regard to social security. when we took office, we discovered that the program that the carter-mondale administration had said would solve the fiscal problems of social security for the next 50 years wouldn't solve them for 5. social security was due to go bankrupt before 1983. any proposals that i made at that time were at the request of the chairman, a democrat, of one of the leading committees, who said we have to do something before the program goes broke
that's social security and medicare. the second fact is that the housing unit for senior citizens that the president dedicated in buffalo was only made possible through a federal assistance program for senior citizens that the president's budget sought to terminate. so, if he'd had his way, there wouldn't have been any housing project there at all. this administration has taken a meat cleaver out, in terms of federal-assisted housing, and the record is there. we have to see the facts before we...
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enough for medicare-medicaid, not wealthy enough to buy their medicine. i've met them, people like mary annie and edward davis in nashua, new hampshire. all over this country, they cannot even buy medicine. so let's be careful. when we talk about cutting health care costs, let's start with the insurance companies and the people that are making a killing instead of making our people healthy. [applause] >> one minute, president bush. >> well, first place, i'd like to clear up something because every 4 years, the democrats go around and say, republicans are going to cut social security and medicare. they started it again. i'm the president that stood up and said, don't mess with social security, and i'm not going to and we haven't and we are not going to go after the social security recipient. i have one difference with mr. perot on that because i don't think we need to touch social security. what we do need to do, though, is control the growth of these mandatory programs. and ross properly says, okay, there's some pain in that. but governor clinton refuses
enough for medicare-medicaid, not wealthy enough to buy their medicine. i've met them, people like mary annie and edward davis in nashua, new hampshire. all over this country, they cannot even buy medicine. so let's be careful. when we talk about cutting health care costs, let's start with the insurance companies and the people that are making a killing instead of making our people healthy. [applause] >> one minute, president bush. >> well, first place, i'd like to clear up...
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we cannot didn't cut medicare -- of course, we don't have medicare, by $716 billion. we didn't put into place a board to tell people what treatment they could receive. we didn't do something that a number of people recognize, put people in a position where they are going to lose the insurance that they have and they wanted. right now, the cbo says up to 20 million people will lose insurance as obamacare goes into effect next year. likewise, a study by mckensy and company said 30% of them are anticipating dropping people from coverage. so for those reasons, for the tax, for the medicare, for this board and for people losing their insurance, this is why the american people don't want medicare -- don't want obamacare, it's why republicans said do not do this. the republicans had a plan. they put a plan out. they put a bipartisan plan, it was swept aside. i think something this big, this important, has to be done in a bipartisan baitionz. we have to have a president who can reach across the aisle and fashion important legislation with the input of both parties. >> governo
we cannot didn't cut medicare -- of course, we don't have medicare, by $716 billion. we didn't put into place a board to tell people what treatment they could receive. we didn't do something that a number of people recognize, put people in a position where they are going to lose the insurance that they have and they wanted. right now, the cbo says up to 20 million people will lose insurance as obamacare goes into effect next year. likewise, a study by mckensy and company said 30% of them are...
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we didn't cut medicare. of course we didn't have medicare. but we didn't cut medicare by $716 billion. we didn't put in place a board that can tell people ultimately what treatments they're going to receive. we didn't also do something that i think a number of people across this country recognize, which is put people in a position where they're going to lose the insurance they had and they wanted. right now the cbo says up to 20 million people will lose their insurance as obama care goes into effect next year. and likewise, a study by mckinsey and company of american businesses said 30% of them are anticipating dropping people from coverage. so for those reasons, for the tax, for medicare, for this board, and for people losing their insurance, this is why the american people don't want medicare -- don't want obama care. it's why republicans said do not do this. and the republicans had a plan. they put a plan out. they put a plan, a bipartisan plan. it was swept aside. i think something this big, this important has to be done on a bipartisan b
we didn't cut medicare. of course we didn't have medicare. but we didn't cut medicare by $716 billion. we didn't put in place a board that can tell people ultimately what treatments they're going to receive. we didn't also do something that i think a number of people across this country recognize, which is put people in a position where they're going to lose the insurance they had and they wanted. right now the cbo says up to 20 million people will lose their insurance as obama care goes into...
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i can't understand how you can cut medicare $716 billion for current recipients of medicare. now, you point out, well, we're putting some back. we're going to give a better prescription program. that's $1 for every 15 you've cut. they're smart enough to show know that's not a good trade. i want to take that $716 billion you've cut and put it back into medicare. by the way, we can include a prescription program if we need to improve it. but the idea of cutting $716 with from medicare to be able to balance the additional cost of obamacare is, in my opinion, a mistake. and with regards to young people coming along, i've got proposals to make sure medicare and social security are there for them without any question. >> moderator: mr. president. obama: first of all, i think it's important for governor romney to present this plan that he says will only effect folks in the future. and the essence of the plan is that he would turn medicare into a voucher program. it's called premium support, but it's understood to be a voucher program. his running mate -- >> moderator: and you don't
i can't understand how you can cut medicare $716 billion for current recipients of medicare. now, you point out, well, we're putting some back. we're going to give a better prescription program. that's $1 for every 15 you've cut. they're smart enough to show know that's not a good trade. i want to take that $716 billion you've cut and put it back into medicare. by the way, we can include a prescription program if we need to improve it. but the idea of cutting $716 with from medicare to be able...
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can we stay on medicare? >> we're going to -- i want to get to it -- >> i'm sorry. >> before we leave -- >> let's get back to medicare. the government sapresident said provide it at lower cost and without a profit. if that's the case, it will always be the best product that people -- >> wait a minute, governor. >> the private sector typically is able to provide a better product -- >> can we -- can the two of you agree that the voters have a clear voice? >> absolutely. >> absolutely. >> all right, to finish quickly, briefly, on the economy, what is your view about the level of federal regulation of the economy right now? is there too much and in your case, mr. president, is there, should there be more. beginning with you, this is not a new segment to start. we'll go for a few minute and we're going to go to health care, okay? >> regulation is essential. you can't have a free market work if you don't have regulation. as a business person, i had to have -- i need to know the regulations. i needed them there. you
can we stay on medicare? >> we're going to -- i want to get to it -- >> i'm sorry. >> before we leave -- >> let's get back to medicare. the government sapresident said provide it at lower cost and without a profit. if that's the case, it will always be the best product that people -- >> wait a minute, governor. >> the private sector typically is able to provide a better product -- >> can we -- can the two of you agree that the voters have a clear voice?...
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i cannot understand how you can cut medicare $716 billion for current recipients of medicare. you point out, we are putting some back, we will give a better prescription program. that is $1 for every $15 you have cut. that is not a good trade. i want to take that $716 billion of cut and put it back into medicare. we can include a prescription program, but the idea of cutting $716 billion from medicare to be able to balance the additional cost of obamacare, in my opinion, would be a mistake. with regards to young people coming along, i have proposals to make sure social security and medicare are there for them without any question. >> first of all, it is important for governor romney to present this plan that he says will only affect folks in the future. the essence of the plan is that he would turn medicare into a voucher program. is call premium support but it is understood to be a voucher program. >> and you don't support that. >> i don't, and let me explain why. if your ticket for are people like, you might want to listen -- if you are 54 or 55, you might want to listen. th
i cannot understand how you can cut medicare $716 billion for current recipients of medicare. you point out, we are putting some back, we will give a better prescription program. that is $1 for every $15 you have cut. that is not a good trade. i want to take that $716 billion of cut and put it back into medicare. we can include a prescription program, but the idea of cutting $716 billion from medicare to be able to balance the additional cost of obamacare, in my opinion, would be a mistake....
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and then talk about medicare. because that's the big driver -- >> you bet. >> -- of our deficits right now. you know, my grandmother, some of you know, helped to raise me, my grandparents did. my grandfather died a while back. my grandmother died three days before i was elected president. and she was fiercely independent. she worked her way up, only had a high school education, started as a secretary, ended up being the vice president of a local bank. and she ended up living alone by choice. and the reason she could be independent is because of social security and medicare. she had worked all her life, put in this money, and understood that there was a basic guarantee, a floor under which she could not go. and that's the perspective i bring when i think about what's called entitlements. you know, the name itself implies some sense of dependency on the part of these folks. these are focus who have worked hard, like my grandmother. and there are millions of people out there who are counting on this. so my approach i
and then talk about medicare. because that's the big driver -- >> you bet. >> -- of our deficits right now. you know, my grandmother, some of you know, helped to raise me, my grandparents did. my grandfather died a while back. my grandmother died three days before i was elected president. and she was fiercely independent. she worked her way up, only had a high school education, started as a secretary, ended up being the vice president of a local bank. and she ended up living alone...
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he is on medicare. on medicare he is cutting $716 billion from the program. he says by not overpaying hospitals and providers, actually going to them and saying everybody is going to get a lower rate. that's saying we're cutting the rates. some 15% of hospitals and nursing homes say they won't make any more medicare patients under that scenario. and we have 50% of doctors who say they won't take anymore medicare patients. we have 4 million people on medicare advantage that will lose it because of those $716 billion in cuts. i can't understand how you can cut medicare $716 million for current recipients of medicare. you point out we're putting come back we'll give a better prescription program. that's $1 for every 15 you have cut. i want to take that $716 billion that you have cut, and put it back into medicare. the idea of cutting $716 billion from medicare to be able to balance the additional cost of obamacare is in my opinion a mistake. with regards to young people coming along, i have proposals to make sure the young people are covered. >> president obama?
he is on medicare. on medicare he is cutting $716 billion from the program. he says by not overpaying hospitals and providers, actually going to them and saying everybody is going to get a lower rate. that's saying we're cutting the rates. some 15% of hospitals and nursing homes say they won't make any more medicare patients under that scenario. and we have 50% of doctors who say they won't take anymore medicare patients. we have 4 million people on medicare advantage that will lose it because...
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and when we sought to assault social security and medicare, as the record shows we did, i think that was mean-spirited. when we terminated 400,000 desperate, hopeless, defenseless americans who were on disability -- confused and unable to defend themselves, and just laid them out on the street, as we did for 4 years, i don't think that's what america is all about. america is a fair society, and it is not right that vice president bush pays less in taxes than the janitor who helps him. i believe there's fundamental fairness crying out that needs to be achieved in our tax system. i believe that we will be better off if we protect this environment. and contrary to what the president says, i think their record on the environment is inexcusable and often shameful. these laws are not being enforced, have not been enforced, and the public health and the air and the water are paying the price. that's not fair for our future. i think our future requires a president to lead us in an all-out search to advance our education, our learning, and our science and training, because this world is more
and when we sought to assault social security and medicare, as the record shows we did, i think that was mean-spirited. when we terminated 400,000 desperate, hopeless, defenseless americans who were on disability -- confused and unable to defend themselves, and just laid them out on the street, as we did for 4 years, i don't think that's what america is all about. america is a fair society, and it is not right that vice president bush pays less in taxes than the janitor who helps him. i believe...
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again, largest increase in medicare premiums in the history of medicare. we think we have a plan to keep cases that don't belong in the system out, but we also do what they haven't done. five million americans have lost their healthcare coverage. medical costs skyrocketing. we have a serious healthcare plan to bring down costs for everybody, to cover millions of more americans and to actually stand up to drug companies and insurance companies which this administration has been unwilling to do. >> mr. vice president. >> we think lawsuit abuse is a serious problem in this country. we think badly needed tort reform -- i was in minnesota the other day where i visited an aircraft manufacturing plant, a great success story, a company that storted 20 years ago with nothing. today they're the second-leading producer of piston-driven aircraft in the country. he told me that if it weren't for the increased cost of his liability insurance, in this case, product liability, he could hire 200 more people in his factory. we've built into the system enormous costs as a re
again, largest increase in medicare premiums in the history of medicare. we think we have a plan to keep cases that don't belong in the system out, but we also do what they haven't done. five million americans have lost their healthcare coverage. medical costs skyrocketing. we have a serious healthcare plan to bring down costs for everybody, to cover millions of more americans and to actually stand up to drug companies and insurance companies which this administration has been unwilling to do....